In the last trading session, 2.14 million shares of the Ameresco Inc (NYSE:AMRC) were traded, and its beta was 2.11. Most recently the company’s share price was $9.59, and it changed around -$0.97 or -9.19% from the last close, which brings the market valuation of the company to $503.87M. AMRC currently trades at a discount to its 52-week high of $39.68, offering almost -313.76% off that amount. The share price’s 52-week low was $10.40, which indicates that the current value has fallen by an impressive -8.45% since then.
Ameresco Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 1 out of 14 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 4 recommended AMRC as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Ameresco Inc is expected to report earnings per share of -0.24 for the current quarter.
Ameresco Inc (NYSE:AMRC) trade information
Instantly AMRC has showed a red trend with a performance of -9.19% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 19.33 on recent trading dayincreased the stock’s daily price by 50.39%. The company’s shares are currently down -59.16% year-to-date, but still down -47.85% over the last five days. On the other hand, Ameresco Inc (NYSE:AMRC) is -57.62% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $40, which translates to bulls needing to increase their stock price by 76.02% from its current value. Analyst projections state that AMRC is forecast to be at a low of $38 and a high of $42.
Ameresco Inc (AMRC) estimates and forecasts
The year-over-year growth rate is expected to be 6.50%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 326.24M in revenue for the current quarter. 9 analysts expect Ameresco Inc to make 452.58M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 298.41M and 437.98M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 9.33%. Forecasts for the next quarter put sales growth at 3.33%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 2.77%. Ameresco Inc earnings are expected to increase by -26.68% in 2025, but the outlook is positive 12.01% per year for the next five years.
AMRC Dividends
Ameresco Inc’s next quarterly earnings report is expected to be released in April.
VANGUARD GROUP INC, with 6.0126% or 3.14 million shares worth $90.58 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Delaware Group Equity Fds V-Small Cap Core Fund and GMO Resources Fund were the top two Mutual Funds as of Nov 30, 2024 . The former held 1.17 shares worth $11.25 million, making up 3.41% of all outstanding shares. On the other hand, GMO Resources Fund held roughly 1.08 shares worth around $10.36 million, which represents about 3.14% of the total shares outstanding.
